Why won't Merrill Lynch touch bitcoin?
Hey Steemit
It is obvious to some why this is happening but I would like to talk a little about why Merrill Lynch won't touch Bitcoin.
If you didnt already know, Merrill Lynch turned down a partnership with bitcoin. The Brokerage arm of Bank of America known as Merrill Lynch has 17,000+ financial advisors... YES 17,000.... and they claim that they cannot sell bitcoin to their clients. Even with bitcoins 2000% gain they still believe it will be hard to sell. Even after it with it being the most popular coin, they cant sell it?
Funny because everyone but the banks want to admit the future of crypto, obviously because it hurts them. Why would they want to decentralize and put all that beautiful money into our hands?
What are you thoughts on this? Do you think they are right about bitcoin being hard to sell, or do you think they are scared it will topple their business?
I believe any corporation that doesn't implement blockchain technology in the near future and doesn't at the very least have a team looking into it will die in what will be our next economic crash. Don't be invested in those old, tired, greedy, stubborn businesses when shit goes down!!!!
Then again they might be buying it all up themselves knowing those greedy bastards!!!